Life Time (LTH) Insider Files Rule 144 to Sell 9,375 Shares on NYSE
Rhea-AI Filing Summary
This Form 144 for Life Time Group Holdings, Inc. (LTH) discloses a proposed sale of 9,375 common shares through Morgan Stanley Smith Barney on 08/26/2025, with an aggregate market value of $262,932.19. The shares were originally acquired as restricted stock on 10/12/2022 and fully paid on that date. The filing lists total shares outstanding of 219,996,102. The notice also reports a prior sale by the same person, Parham Javaheri, of 84,744 shares on 06/12/2025 for $2,359,171.26. By signing, the seller represents they possess no undisclosed material nonpublic information about the issuer.
Positive
- Proper regulatory disclosure filed for proposed sale under Rule 144 through a registered broker
- Acquisition details provided (restricted stock acquired and paid on 10/12/2022), supporting transparency
- Seller attests they do not possess undisclosed material information, per the required representation
Negative
- Recent prior sale of 84,744 shares on 06/12/2025 for $2,359,171.26 could prompt investor attention to insider selling activity
Insights
TL;DR: Routine insider sale disclosed; size is small relative to the company’s share count and likely neutral for valuation.
The filing shows an insider proposing to sell 9,375 shares valued at about $263k via a registered broker. Compared with the reported 219.996 million shares outstanding, this transaction is immaterial on a percentage basis (well under 0.01%). The disclosable recent prior sale of 84,744 shares indicates the insider has been liquidating a larger holding in June 2025, which investors may note but which alone does not imply a material change to capitalization or control.
TL;DR: Disclosure appears compliant with Rule 144 requirements; seller affirms no undisclosed material information.
The form specifies acquisition type (restricted stock) and payment details, and names the executing broker, meeting standard disclosure expectations. The seller’s representation that they have no material nonpublic information is included. The presence of a prior sale in June 2025 is a governance detail investors may track for insider trading patterns, but the filing itself follows regulatory formatting and content norms.